[blocksceptic]

Where is the audit? Where is the balance sheet? At which banks are those funds held?

Even IF those tethers are 1:1 backed today, they won't be once uncle sam figures it out.

[askmike]

> Even IF those tethers are 1:1 backed today, they won't be once uncle sam figures it out.

I 100% agree, this is also the reason why there is no public audit ;)